Input-Output Analysis and Demographic Accounting: A Tool for Educational Planning
Accounting concept induces usually the idea of transactions expressible in terms of money in a system of interlocking statements in each of which total incomings are equal to total outgoings. It is known that, in a close system, the entries are not unrelated but are connected by a number of independ...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
General Association of Economists from Romania
2010-07-01
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Series: | Theoretical and Applied Economics |
Subjects: | |
Online Access: |
http://store.ectap.ro/articole/482.pdf
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Summary: | Accounting concept induces usually the idea of
transactions expressible in terms of money in a system of interlocking
statements in each of which total incomings are equal to total outgoings.
It is known that, in a close system, the entries are not unrelated but are
connected by a number of independent accounting identities. Thus, within
an accounting framework we can build models in the certain knowledge
that these connections will be respected, input-output analysis being the
most obvious example of this kind of model-building.
The application of elementary accounting ideas is not restricted to
the concepts expressible in terms of money, but, for example, it can be
applied to demography, with its obvious unit the individual human being,
and to education, with its obvious unit the student. Such analysis can be
applied in order to plan the educational system in a rational manner,
based on demographic information that allows us to determine the flows
of individuals with various characteristics into various activities, to show
in detail the structure of the population at any time, and to design in the
future how this structure may change under the impact of individual
decisions or of those underwritten to economic and social aims. |
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ISSN: | 1841-8678 1844-0029 |